Lifestyle Initiatives at MBB

BCG McKinsey and Bain
New answer on Apr 05, 2020
5 Answers
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Anonymous A asked on Mar 16, 2020

I have heard about the PTO initiative at BCG wherein senior leaders can check how the team members feel, their workloads, learnings, etc.

I wanted to check whether McKinsey and Bain too have similar initiatives or not.

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Daniel
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replied on Mar 19, 2020
McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews

McKinsey does, but it really depends on the country how well this feedback is taken into account. For example, in Sweden it is taken VERY seriously – at some point I was a manager on a very difficutl DD and my team didn't have a great lifestyle, they filled out the weekly form (team barometer) and the next day I got a call from an office manager (the main senior partner in the Stockholm office) who asked me what was up.

However, in Germany in my experience nobody cares :) tactically, it's not even good to have a too good of a team barometer in Germany, because the partners will then think you as a manager are not challenging your teams enough :) So, really region-specific.

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Anonymous replied on Apr 05, 2020

Yes Bain has a similar initiative, and they take it seriously. In fact upward feedback from A and C based on this dimension is an important element in the evaluation of managers.

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Luca
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replied on Mar 17, 2020
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached

Hello,

Nowadays there are similar initiatives in every company but you should try to understand what is the real importance given to these initiatives internally.
I can assure you that in BCG PTO is extremely important and that every week there is a public matrix (in the office restaurant) summarizing the weekly results without any kind of censure.

Best,
Luca

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Clara
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replied on Mar 16, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

Yest indeed!

Mckinsey has a very similar initiative, with results publised at office level in a weekly basis.

There, a number of KPIs are reported: whether teams are going home for dinner, overall mood, whether people have been ables to fullfull their personal comitments, etc.

However, in Mckinsey, the performance of the teams in this regard is not linked to any sort of bonus, etc.

I know in Bain, average of hours worked per team and at office level have been weekly reported and commented for years too.

Hope it helps!

Cheers,

Clara

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Antonello
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replied on Mar 23, 2020
McKinsey | MBA professor for consulting interviews

Yes, MBB have these initiatives and they vary depending on the geography.

Best,
Antonello

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Daniel gave the best answer

Daniel

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McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews
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